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Mortgage and Lending - The Federal Savings Bank/Lending in 50 states - NMLS # 109616

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2017 

Stocks continued their march forward today as each of the trhee major U.S. indices registered new record highs.  That was not a bad record considering there were no economic reports coming out today.  Airlines, auto makers and tech stocks led the way.  Tomorrow we will reports from ADP on private...
10/03/2017
Mortgage backed securities (MBS) were up 6 basis points today at 103.12 having come to rest 3 basis points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the...
10/03/2017
With the Fed indecisive about a rate hike in December, Dallas Fed President Robert Kaplan  spoke today asking for patience in voting for the next rate hike.  At the same time Janet Yellen's time is being spent considering what steps to take to divest the Fed of its $4.5 trillion portfolio of Trea...
10/02/2017
Mortgage backed securities (MBS) were up 9 basis points today at 103.09 having come to rest 8 basis points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.875% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the...
10/02/2017
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